币圈两万哥
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Daily Market Analysis in Cryptocurrency (8.13)
Summary:
$BTC is currently in the final segment of the fifth wave structure starting from 7.45 on the daily chart, with an upward target of 12.63-12.78, a maximum near 13.2, potentially reaching a historical high this month to complete the entire structural cycle. The final wave 5 allows for a breakout of the trend line formed by wave 1 and wave 3, after which it may fall back to the starting point of 7.45 or lower. Regarding the secondary coin, let's adjust the perspective; the original expected target was around 4630, which has now been reached. If it can follow the primary coin for another upward move, then the target for this round may surpass the historical high, aiming for around 5400. If it cannot follow the primary coin, then the current target has been reached, so be cautious of risks. Long-term players can continue to speculate, with intraday resistance at 12.18 and support at 11.88, 11.73.
Summary:
$BTC is currently in the final segment of the fifth wave structure starting from 7.45 on the daily chart, with an upward target of 12.63-12.78, a maximum near 13.2, potentially reaching a historical high this month to complete the entire structural cycle. The final wave 5 allows for a breakout of the trend line formed by wave 1 and wave 3, after which it may fall back to the starting point of 7.45 or lower. Regarding the secondary coin, let's adjust the perspective; the original expected target was around 4630, which has now been reached. If it can follow the primary coin for another upward move, then the target for this round may surpass the historical high, aiming for around 5400. If it cannot follow the primary coin, then the current target has been reached, so be cautious of risks. Long-term players can continue to speculate, with intraday resistance at 12.18 and support at 11.88, 11.73.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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